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271-273 Rideau

| Kingston

$1,200,000.00

Listed about 18 hours ago

  • 9 bed
  • 5 bath
  • 2500-3000 sqft
  • 4.0 parking
  • Semi-Detached

Instant Estimate

$1,147,140

-$52,860 compared to list price

  • Upper range

    $1,333,163

  • Mid range

    $1,147,140

  • Lower range

    $961,117

Property history

  • Now
    Listed on Oct 9, 2024

    Listed for $1,200,000.00

    1 day on market

Location & area

Schools nearby

Home Details

Description
Don't miss this opportunity to expand your portfolio! Incredible 5-unit semi-detached building, steps from historic downtown Kingston. Includes two 3-bedroom, two 2-bedroom and one 1-bedroom units - all carpet free, spacious and airy - with a large parking lot for your tenants located behind the building. Updates include newer flooring in all apartments, some windows replaced, and a new roof installed in 2018. This building is turnkey and provides a healthy return, renting at $7800.00 per month (tenants pay for hydro) and a gross annual net income of $93,600.
Additional media
https://youtu.be/MAVxKw1Tr88
Property taxes
$7,243.77 per year / $603.65 per month
Basement
Full
Year build
100+
Type
Semi-Detached
Bedrooms
9 + 2
Bathrooms
5
Parking spots
4.0 Total
Floor
-
Balcony
-
Pool
None
External material
Alum Siding
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Water
Fire place(s)
N
  • Main
    Living
    9’9” x 17’5”
    Kitchen
    16’2” x 14’9”
    Kitchen
    13’10” x 13’11”
    Living
    13’10” x 10’1”
  • 2nd
    Br
    10’4” x 8’7”
    Br
    10’4” x 8’5”
    Bathroom
    5’5” x 8’0”
    Br
    13’4” x 11’9”
  • Bsmt
    Living
    12’9” x 16’8”
    Kitchen
    10’1” x 5’6”
    Bathroom
    10’1” x 4’11”
    Br
    13’4” x 9’4”

Listing Brokerage

MLS® Listing
X9389150
Brokerage
ROYAL LEPAGE PROALLIANCE REALTY

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